Back to News
Market Impact: 0.2
Soybeans Fading Back After Monday’s Rally
Source: Nasdaq
Commodities & Raw MaterialsCommodity FuturesMarket Technicals & Flows
Soybean futures were down 6-7 cents in Tuesday morning trading, partially reversing Monday's 15-24 cent rally. Open interest increased by 3,122 contracts on Monday, indicating renewed participation as long investors re-entered the market. The move is a near-term negative for soybean prices but follows a sharp prior-session recovery.
AllMind Terminal
AI-powered research, real-time alerts, and portfolio analytics for institutional investors.
Request TrialMarket Sentiment
Overall Sentiment
mildly negative
Sentiment Score
-0.15
More News
- Further turmoil could be in store for tech stocks. What to watch in the week ahead
- How the US midterm elections reflected resistance to data centres
- AI Party isn't Ending Because Of The Blue Wave Says Ives
- US options markets hit record volume following Thursday’s market rout
- SoftBank, ABB consider China carve-out to rescue $5.4bn robotics deal
- A ‘geologic freak’ called the Smackover may end America’s lithium dependence on China, and Big Oil is already there